Press release
Textured Vegetable Proteins Market to be Worth $5.07 Billion by 2030 - An Exclusive Report by Meticulous Research®
According to a new market research report titled, 'Textured Vegetable Proteins Market by Type (Soy, Wheat, Pea), Nature (Inorganic, Organic), Form (Chunks, Slices, Flakes, Granules), Application (Meat Alternatives, Snacks Foods, Bakery, Animal Feed)- Global Forecast to 2030,' the textured vegetable proteins market is expected to reach $5.07 Billion by 2030, at a CAGR of 10.5% from 2023 to 2030.Download Sample Report Here @ https://www.meticulousresearch.com/download-sample-report/cp_id=5587
The growth of this market is attributed to increased demand for processed & convenience foods, the growing popularity of meat alternatives, rising awareness about the health benefits of plant-based proteins, and growth and investments in the plant-based food sector. Additionally, increasing intolerance for animal proteins and emerging economies offer significant growth opportunities for textured vegetable protein vendors. However, the availability of other types of vegetable protein and fluctuating raw material prices restrain the textured vegetable proteins market growth.
The key players operating in the textured vegetable proteins market are Cargill, Incorporated (U.S.), Rouquette Frères (France), Archer-Daniels-Midland Company (U.S.), Ingredion Incorporated (U.S.), International Flavors & Fragrances Inc. (U.S.), Beneo GmbH (Germany), Sotexpro (France), CHS Inc. (U.S.), Farbest Brands (U.S.), Axiom Foods Inc. (U.S.), Puris Foods (U.S.), and FoodChem International Corporation (China).
The textured vegetable proteins market is segmented based on type, nature, form, application, and geography. The study also evaluates industry competitors and analyses the market at the regional and country levels.
Key Findings in the Textured Vegetable Proteins Market Study:
Based on type, the textured vegetable proteins market is segmented into soy, wheat, pea, and other types. In 2023, the soy segment is expected to account for the largest share of the textured vegetable proteins market. This segment's large market share is attributed to the presence of many manufacturers and high production capacities, increased adoption from the food industry, rising popularity and high adoption of soy-based products among consumers, and low cost than other types of textured proteins. As a protein source, textured soy protein is considered nutritionally beneficial as it contains all the essential amino acids, making it a complete protein. Additionally, it is low in fat and cholesterol-free, making it a healthier alternative to animal-based proteins. However, the pea segment is expected to register the highest CAGR during the forecast period due to a well-balanced nutritional profile and being able to offer nutritional qualities, such as soy free and glutted-free.
Request Sample Report Here @ https://www.meticulousresearch.com/request-sample-report/cp_id=5587
Based on nature, the textured vegetable proteins market is segmented into inorganic and organic. In 2023, the inorganic segment is expected to account for the largest share of the textured vegetable proteins market. The large market share of this segment is attributed to the high availability of protein through traditional methods and easy accessibility to cost-effective plant protein production. However, the organic segment is expected to register the highest CAGR during the forecast period due to increasing awareness of consumers about the availability of organic products at low cost, clean label trends, and increasing demand for organic products.
Based on form, the textured vegetable proteins market is segmented into chunks, chunks, flakes, and granules. In 2023, the chunks segment is expected to account for the largest share of the textured vegetable proteins market. The large market share of this segment is attributed to its benefits, such as being odorless and tasteless with high nutritional value and protein content and easy availability, and increased adoption of soy chunks. However, the flakes segment is expected to register the highest CAGR during the forecast period due to its water retention and defatting property.
Based on application, the textured vegetable proteins market is segmented into food & beverage, animal feed, and other applications. In 2023, the food & beverage segment is expected to account for the largest share of the textured vegetable proteins market. The large market share of this segment is attributed to increased demand from meat and meat substitute manufacturers, increased awareness about sustainable production, and growing demand for convenient and functional food products.
Quick Buy @ https://www.meticulousresearch.com/Checkout/30269642
Based on geography, in 2023, North America is expected to account for the largest share of the textured vegetable proteins market. However, Asia-Pacific is projected to register the highest CAGR during the forecast period. The growth of this regional market is attributed to the huge base of the vegetarian population, growing technological advancements in the food & beverages industry, increasing raw material availability, and increasing awareness regarding the importance of protein-rich diets.
Office No-202, 203,204,205,206 2nd Floor, Pushpak Business Hub, Wakad, , India.
About Meticulous Research®
Meticulous Research® was founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.
The name of our company defines our services, strengths, and values. Since the inception, we have only thrived to research, analyze, and present the critical market data with great attention to details. With the meticulous primary and secondary research techniques, we have built strong capabilities in data collection, interpretation, and analysis of data including qualitative and quantitative research with the finest team of analysts. We design our meticulously analyzed intelligent and value-driven syndicate market research reports, custom studies, quick turnaround research, and consulting solutions to address business challenges of sustainable growth.
Contact Us:
Meticulous Research®
Email- sales@meticulousresearch.com
Contact Sales- +1-646-781-8004
Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Textured Vegetable Proteins Market to be Worth $5.07 Billion by 2030 - An Exclusive Report by Meticulous Research® here
News-ID: 3435024 • Views: …
More Releases from Meticulous Research®
Rooftop HVAC Units Market to Reach $24.85 Billion by 2035 | 6.4% CAGR
Growing Demand for Energy-Efficient Rooftop HVAC Units
The global rooftop HVAC units market is witnessing steady growth, driven by the rising need for compact and energy-efficient heating, ventilation, and air conditioning systems. Valued at USD 12.45 billion in 2024, the market is projected to rise from USD 13.42 billion in 2025 to approximately USD 24.85 billion by 2035, growing at a CAGR of 6.4%. The increasing adoption of HVAC systems in…
Seed Coating Market to Reach $4.23 Billion by 2032 | 7.7% CAGR Growth
Growing Market Overview
The global seed coating market is experiencing steady expansion as agricultural industries increasingly adopt advanced seed treatment technologies. Valued at $2.34 billion in 2024, the market is projected to reach $4.23 billion by 2032, growing at a CAGR of 7.7% between 2025 and 2032. This strong growth is driven by rising demand for low-cost crop protection solutions, rapid technological advancements, and the increasing focus on seed treatment as…
PAP Devices Market to Reach $6.97 Billion by 2032 | 5.2% CAGR
The Positive Airway Pressure (PAP) Devices Market is witnessing steady expansion, driven by the increasing prevalence of respiratory and sleep disorders worldwide. Valued at approximately $6.97 billion by 2032, the market is expected to grow at a CAGR of 5.2% from 2025 to 2032. The rising geriatric population, growing awareness about the dangers of untreated sleep apnea, favorable reimbursement policies, and ongoing technological advancements in PAP devices are contributing significantly…
Direct Air Capture Market Set to Skyrocket to $6.93 Billion by 2035 Driven by Gl …
The global Direct Air Capture (DAC) market is gaining remarkable traction as the world intensifies its efforts to achieve carbon neutrality and mitigate the effects of climate change. Valued at $136.5 million in 2024, the market is projected to reach nearly $6.93 billion by 2035, growing from an estimated $189.7 million in 2025 at a striking CAGR of 43.3% during the forecast period (2025-2035). This exponential growth reflects the rising…
More Releases for CAGR
[CAGR of 6.7%] Nanocoatings Market Size, Industry Share, CAGR, Regional Forecast …
The global Nanocoatings Market generated $10.7 billion in 2020, and is projected to reach $20.1 billion by 2030, growing at a CAGR of 6.7% from 2021 to 2030. The report provides an in-depth analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive scenario, and wavering market trends.
Download sample PDF @ https://www.alliedmarketresearch.com/request-sample/2064
According to the report published by Allied Market Research,…
[CAGR of 5.3%] Pigments Market Size, Industry Share, CAGR, Regional Forecast, 20 …
A recent report by Allied Market Research provides a detailed analysis of the pigments market, highlighting its robust growth. The industry was valued at $27.2 billion in 2022 and is projected to surge to $45.4 billion by 2032, exhibiting an impressive CAGR of 5.3% from 2023 to 2032.
This research report identifies the growth drivers behind the market's expansion and delves into the market dynamics using advanced analytical frameworks…
Enzymes Market Expansion CAGR of 4.9% CAGR Anticipated 2025-2034
The Enzymes Market report is an in-depth examination of the global Enzymes Market's general consumption structure, development trends, sales techniques, and top nations' sales. The research looks at well-known providers in the global Enzymes Market industry, as well as market segmentation, competition, and the macroeconomic climate. A complete Enzymes Market analysis takes into account a number of aspects, including a country's population and business cycles, as well as market-specific microeconomic…
Waterproofing Membranes Market is Projected Grow at CAGR of 8% CAGR by 2033
The waterproofing membranes market is anticipated to witness a Compound Annual Growth Rate (CAGR) of 8.0% over the forecast period. By 2023, the estimated market value for waterproofing membranes is substantial, reaching US$ 31.5 billion.
These waterproofing materials comprise thin, impermeable membranes designed to collaborate with asphalt, providing a protective shield for the structural integrity of buildings. The asphalt component in these membranes acts as a safeguard, preserving the underlying membrane…
Electric Bed Market CAGR, Size, Share Grow USD 2,063 Million by 2030 CAGR 13.70%
Global electric bed market size is expected to be worth roughly USD 2,063 million by 2030, growing at a CAGR of more than 13.7% during the projected timeframe of 2022-2030, according to Ameco Research
A significant portion of the population over the age of 60, who often have reduced immunity levels and are more susceptible to neurological disorders, cardiac issues, tumors, and spinal cord compression, is anticipated to have a substantial…
Pediatric Radiology Market Size will Grow at CAGR 7.7% CAGR during 2017-2026
Pediatric Radiology Market:Overview
The pediatric radiology market is likely to register robust growth in the near future. Chronic illnesses among children including neurological disorders such as ADHD are on the rise. According to the US labor bureau, the demand for pediatrician is expected to grow by 24% on average by 2020. This is the highest average growth among all professionals in the United States.
Despite challenges such as training for new…
